Safiétou Niang Sarr Reported to Leave BRM for Afrika Banque
Senegal · FINANCE Key Facts —Reported departure: Financial Afrik reported on 16 August 2026 that Safiétou Niang Sarr left BRM on 13 August. BRM’s own website still lists her as Directeur Général. —BRM origins: BRM was launched in 2007 in Dakar as the UEMOA’s first institution specialized in investment banking and market activities. —State intervention: […] The post Safiétou Niang Sarr Reported to…
On 16 August 2026, financial news outlet reported that Safiétou Niang Sarr had left Banque de Réserve de Mauritanie (BRM) three days prior, on 13 August. However, BRM's website still lists her as Directeur Général, and no successor has been named. Financial Afrik noted that she is expected to take on a leadership role at a new bank, Afrika Banque, which was formerly known as Banque de Dakar.
BRM, launched in 2007 in Dakar, is the UEMOA's first investment bank specializing in market activities. In October 2022, Senegal took 54% stake in BRM, injecting 70 billion CFA francs (approximately US$124 million) into the bank. The state intervention aimed to recapitalize the bank, with a need for 120 billion CFA francs (approximately US$212 million).
Assane Soumaré became the board chairman, while Niang Sarr was appointed as CEO. Afrika Banque, the new bank, operates as a licensed lender and is listed by the BCEAO until 31 December 2025. The move from BRM to Afrika Banque represents a shift in institutional type rather than just a change of employer, as it involves a transition from an investment bank to a licensed banking institution.
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